Bank Indonesia (BI) Representative Office of DKI Jakarta predicts that Jakarta's economy will continue to grow solidly this year, with economic growth projected to range from 4.6% to 5.4%. The head of the BI Representative Office in DKI Jakarta, Arlyana Abubakar, emphasized that this solid growth is supported by four key elements: household consumption, investment, exports, and business sectors. Exports from Jakarta have shown strong growth, particularly in jewelry and diamonds, which grew by 24.6% in the fourth quarter of 2024, knitted goods, which grew by 140.31%, and finished clothing, which increased by 113.11%. Jakarta’s exports are largely directed to countries like China, the United States, Singapore, the Philippines, Malaysia, Thailand, and Vietnam, while investments are still driven by the private sector and ongoing infrastructure projects like the MRT and LRT in Jakarta.

Household consumption is also playing a major role in supporting the economy, driven by various MICE events, such as international and domestic music concerts, alongside an increase in the minimum wage (UMP) and a decline in unemployment. Inflation in Jakarta is expected to remain around 2.5% this year, with sectors like trade, financial services, construction, and information and communication technology continuing to influence inflation trends. BI, along with the Regional Inflation Control Team (TPID) of DKI Jakarta, is working to manage inflation through the 4K strategy: controlling prices, ensuring supply availability, maintaining smooth distribution, and improving communication. "Jakarta also cooperates with food supply regions because we all know that Jakarta relies on other areas for its food supply," Arlyana explained.

Source:
https://www.metrotvnews.com/read/bmRCE9Bo-ekonomi-jakarta-diproyeksi-tumbuh-hingga-5-4-tahun-in